Originally posted by AlfredJPruffock
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: ok, so worst case scenario
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "ok, so worst case scenario"
Collapse
-
Originally posted by chef View Posti've been thinking about this on and off for a while..
everyone is sayong "OOOooo doom is coming" etc etc. and i believe them..
however, there are a lot out there that dont have a clue whats going on, so, in a major recession, given the scenario that people will lose there jobs and then cant afford mortgage or simply their bills to live, they effectively just cant afford to live, what would actually happen?
they register for the dole.. ok fine
they go on the council house waiting list.. alright makes sense
but both of those options dont cover basic costs and by that point they'll have big heavy men knocking on the door tapping a baseball bat..
so they register as bankrupt..
but still they have no job... there are no jobs and they cant afford to get by as there are no council houses..
so what happens then?
the only thing i can think of is that homeless figures rise dramatically..
am i right in this thinking? i am quite curious..
Leave a comment:
-
Originally posted by Sysman View PostAnd the letting agents will be asking you if you have any court orders
No matter how much the government reduce benefits to make low paid jobs ‘more attractive’ than benefits, or the Conservatives idiotic plans to put the unemployed on chain gangs picking up dog mess in the local park, is going to have any affect on the policies employers use to filter out ‘unsuitable’ applicants. Subsequently, those same employers will claim that they cannot find the people they need in the UK and need to import them.
I am so glad I don’t have to worry about this anymore.
Leave a comment:
-
Originally posted by Sysman View PostThe thing is, if you've supported yourself all your life in an honest way, you are unlikely to know how to bend the rules to your advantage.
If anyone does find themselves in this horrible position.
The best advice you can get on how to use the system to your advantage will be down the local pub with the scallies.
You will have to adopt a no-scrupes attitude, get used to living on toast, beans and tins of meatballs for special occasions, lower all your other expectations.
forget holidays, christmas birthdays etc, dont throw those old trainers away- they will be your sunday best in six months time.
Dont watch adverts on telly unless you are immune to depression, and be nice to everyone, you will need all the friends you can get.
Start brewing your own ale, plant spuds if you have a garden and learn to like the smell of your stinky unwashed body.
I have a six foot length of rope in my garage just in case it ever comes my way again
Leave a comment:
-
Originally posted by DieScum View PostI think worst case scenario you'd see 90% of people move back temporarily with family or share with a friend.
Your friend will be allowed to let a room out tax free (the limit in the 1990s was 45 quid a week), which definitely makes them more willing to help you.
Yes, it's absurd that you can't contribute rent to your parents who are pensioners, but I assume those rules are there to stop the kind of blatant abuse of the social system that we can read about in the Daily Mail. The thing is, if you've supported yourself all your life in an honest way, you are unlikely to know how to bend the rules to your advantage.
Leave a comment:
-
Originally posted by HairyArsedBloke View PostAre you a single male?
If yes then you will have no access to public sector housing.
If you own a motor vehicle then you will be expected to live in that and no further help will be provided. If not they will provide you with a list of local letting agents. That is the total of the help that you will get.
Leave a comment:
-
One way to make money during the downturn is to collect the reward payable for kicking the living tulipe out of Tay
Leave a comment:
-
Originally posted by EternalOptimist View PostI got to be quite the expert at surviving through this tulip from my mid 20's for ten years. I could provide a good few tips on how to cope, but for Gods sake dont let Tay know, he'll be on your back calling you names like a playground bully
Originally posted by Pickle2 View PostThey turn to crime and take what they need from you.
Leave a comment:
-
Originally posted by DieScum View Post
Ultimately though if you can keep, say, ten grand in the bank then that is your own 'social security'. You have your six month living costs right there.
You're a student aren't you?
Leave a comment:
-
Originally posted by DieScum View Post...
Ultimately though if you can keep, say, ten grand in the bank then that is your own 'social security'. You have your six month living costs right there.
It bemuses me when you hear people saying stuff like "well I'm on the bench but I have two months living costs". Where the hell has the rest of the money gone?
Why so high? 10-year mortgage, due to age.
And to the other question: my ex-wife.
Leave a comment:
-
I think worst case scenario you'd see 90% of people move back temporarily with family or share with a friend.
Sure some people will be orphans/not get on with parents/no mates and they also don't have any cash then those are the people the state should help.
Hope it never happens to me but my Mum and Dad wouldn't see me on the streets and there are friends who would give me a couch/spare room for a bit.
I read Paul McGrath's autobiography a while ago and he got out of court once with no wallet - it would be returned the next day, no where to go - fight with ex-wife where he was staying.
He wandered the streets. Eventually an old friend took him in. *Gulp*.
Ultimately though if you can keep, say, ten grand in the bank then that is your own 'social security'. You have your six month living costs right there.
It bemuses me when you hear people saying stuff like "well I'm on the bench but I have two months living costs". Where the hell has the rest of the money gone?
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: